A New Jersey Certificate of Merger or Consolidation (Profit Corporations) is a document issued by the State of New Jersey that verifies the legal union of two or more business entities into a single, newly-formed entity. This type of certificate is typically used by businesses seeking to combine their existing corporate structures to create a single, larger company. It is also used when a business wishes to transfer its assets and liabilities to another entity, or when a business wishes to acquire the assets of another. The New Jersey Certificate of Merger or Consolidation (Profit Corporations) must be filed with the New Jersey Department of the Treasury and is used to establish the new business entity in the state. There are three types of New Jersey Certificate of Merger or Consolidation (Profit Corporations): Simple Mergers, Statutory Mergers, and Consolidations. A Simple Merger is when one corporation absorbs another and the absorbed corporation is dissolved. A Statutory Merger is when two or more corporations merge to form a new corporation. A Consolidation is when two or more corporations merge to form a new corporation and the original corporations are dissolved.